An auditor testing the reasonableness of long-term investments would ordinarily use analytical procedures to ascertain the reasonableness
Question:
An auditor testing the reasonableness of long-term investments would ordinarily use analytical procedures to ascertain the reasonableness of the:
(a) existence of unrealized gains or losses in the portfolio.
(b) completeness of recorded investment income.
(c) classification of current and non-current portfolios.
(d) valuation of marketable equity securities.
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Related Book For 
Auditing A Practical Approach
ISBN: 9781118878415
1st Extended Canadian Edition
Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton, Valerie Warren
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